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>> While the DOW Jones stock market average hovers near record highs in anticipation of what a Trump administration might mean for the economy, the bond market is going a completely different direction for the same reason. By Monday more than $1 trillion has stampeded out of global bond markets and the phenomenon being called the Trump Thump is far from over.

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Reuters bond market correspondent Richard Leong says, some are calling this the end of a three decade buying spree.>> We're hearing right now that there's a lot of uncertainty out there about what this Trump presidency is going to be, based on some of the biggest bond investors that we've spoken to out there, including the bond king Jeffrey Gundlach of DoubleLine.

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He is saying that this is another big crack against the bond market. As we're seeing right now, this sell off has been really vicious on a lot of volumes.>> It's still all speculation, but some investors are betting Trump along with a Republican controlled Congress will pave the way for faster US growth in part by pick up in government spending.

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If all that happens, inflation should heat up, making bonds less valuable and high growth stocks a winner. If the economy is going to get stronger, then bank lending is going to pick up, and those loans will be at higher interest rates. But, that might not be so good for people looking for a mortgage or for businesses seeking to borrow.